StoutCap · 7 hours ago
Property Accountant
NYC Metro Area
Full-time
Hybrid
Entry, Mid LevelStoutCap is a real estate development and investment company based in the New York City area, and they are seeking a Real Estate Accountant / Bookkeeper to manage the accounting for their development projects and rental properties. This role includes keeping the books, tracking construction costs, and assisting with construction loan draws and cash management.
Property ManagementReal Estate InvestmentResidential
Responsibilities
Maintain bookkeeping for development projects and rental properties
Record and review journal entries
Reconcile bank accounts and credit cards
Prepare monthly financial statements
Track and properly classify: Operating expenses, Construction and development costs, Capital improvements, Loan and financing-related items
Prepare and support construction loan draws
Monitor project bank balances and cash flow
Flag issues related to missing funds, overruns, or unusual activity
Support internal and lender reporting as needed
Qualification
Required
Experience with real estate or construction accounting
Understanding of: Operating expenses vs capital costs
Understanding of: Construction and development cost tracking
Understanding of: Basic loan and draw processes
Proficiency with QuickBooks
Strong attention to detail and organization
Ability to work independently and stay on top of cash and balances
Preferred
Accounting or finance background preferred
CPA is a plus, but not required
Company
StoutCap
StoutCap is a real estate investment firm that offers property management services.
Founded in 2021
2-10 employees
Funding
Current Stage
Early StageCompany data provided by crunchbase